Wake Up Entertainment Industry

Wake Up Entertainment Industry

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Posted by whoozhe (from: 203.59.158.36) on December 18, 2004 at 18:46:08:

These are facts not fiction like the garbage the RIAA and the MPAA put out.
Fact 1. Computer games outsold box office takings.
Fact 2. Halo2 will take in more money each day that any first first run movie.
Fact 3. The average age of a CD buyer has moved over the last 10 years from 22 year olds to 35 year olds.
Fact 3. 15-25 year olds spend the majority of their disposable income on Computer Games, Cell/Mobile Phones and "Labels" clothing. Paying for music is now near the bottom of the list.

What does all this mean? The industies have simply got it wrong. Once again they misread the merging cultures. They powers to be of the industry do not understand the youth of today. Had they welcomed the new technology and rejigged their respective industies to reflect the new cultures none of this P2P bashing would exist.
By the way I am 58 years old and I don't buy music simply because, apart from a limited range, there isn't anything I like, and I certainly do not want another "Best Of" Neil Diamond. This particular industry aims 80% of its money at a market that is shrinking day by day and ignores the one group that actually buy music.
As for the future of both industries the movie side is fairing reasonable well. As for music this very site demonstrates where it is heading. The tools available, the very exesitence of the Net and a whole new way of distributing music has and will continue to change the very fundamentals of what we create and listen to. The consumer's tolerence of the dictorial fashion both industries have used in the past is diminishing and will eventually get to the point where one or both will be disguarded as past their use by date.

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: These are facts not fiction like the garbage the RIAA and the MPAA put out. : Fact 1. Computer games outsold box office takings. : Fact 2. Halo2 will take in more money each day that any first first run movie. : Fact 3. The average age of a CD buyer has moved over the last 10 years from 22 year olds to 35 year olds. : Fact 3. 15-25 year olds spend the majority of their disposable income on Computer Games, Cell/Mobile Phones and "Labels" clothing. Paying for music is now near the bottom of the list. : What does all this mean? The industies have simply got it wrong. Once again they misread the merging cultures. They powers to be of the industry do not understand the youth of today. Had they welcomed the new technology and rejigged their respective industies to reflect the new cultures none of this P2P bashing would exist. : By the way I am 58 years old and I don't buy music simply because, apart from a limited range, there isn't anything I like, and I certainly do not want another "Best Of" Neil Diamond. This particular industry aims 80% of its money at a market that is shrinking day by day and ignores the one group that actually buy music. : As for the future of both industries the movie side is fairing reasonable well. As for music this very site demonstrates where it is heading. The tools available, the very exesitence of the Net and a whole new way of distributing music has and will continue to change the very fundamentals of what we create and listen to. The consumer's tolerence of the dictorial fashion both industries have used in the past is diminishing and will eventually get to the point where one or both will be disguarded as past their use by date.
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